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Full-Text Articles in Economics
Part 6: Should Taxpayers Subsidize Private Facilities In Hampton Roads? Glitz Vs. Reality, Dragas Center For Economic Analysis And Policy, Old Dominion University
Part 6: Should Taxpayers Subsidize Private Facilities In Hampton Roads? Glitz Vs. Reality, Dragas Center For Economic Analysis And Policy, Old Dominion University
State of the Region Reports: Hampton Roads
Hampton Roads can learn from the experience of other cities and states. If there is a strong business case for a sports stadium, sports park, or entertainment venue, then investors should be able to tap into financial markets. In this chapter, we examine the arguments surrounding public investments in highly visible facilities. We pose questions that should be asked when considering such investments and explore the potential opportunity costs of these projects. We offer a cautionary tale that such projects are sold as transformative but often fail to generate the promised benefits, not only for taxpayers but also for the …
Part 7: The Economics Of Casino Gambling In Hampton Roads, Center For Economic Analysis And Policy, Old Dominion University
Part 7: The Economics Of Casino Gambling In Hampton Roads, Center For Economic Analysis And Policy, Old Dominion University
State of the Region Reports: Hampton Roads
The experience of other cities tells us that casino gambling would not have a large economic effect upon Hampton Roads. Further, casino gambling brings with it a variety of other costs that must be considered. The net effect may be close to zero.
Part 3: Coal: A Very Important Economic Engine In Hampton Roads, Regional Studies Institute, Old Dominion University
Part 3: Coal: A Very Important Economic Engine In Hampton Roads, Regional Studies Institute, Old Dominion University
State of the Region Reports: Hampton Roads
More coal is exported from Hampton Roads than any other port in the United States. The annual economic impact of this coal activity on our region approaches $1 billion.
Part 2: Hidden In Plain Sight: The Ship Repair Industry In Hampton Roads, Regional Studies Institute, Old Dominion University
Part 2: Hidden In Plain Sight: The Ship Repair Industry In Hampton Roads, Regional Studies Institute, Old Dominion University
State of the Region Reports: Hampton Roads
Private-sector shipbuilding and repair is big business in Hampton Roads and accounts, directly and indirectly, for about 15 percent of the total value of the region’s economic activity. More than 160 ship construction and repair firms in the area employ approximately 24,600 people, whose typical compensation is one-third above the regional average.